99 Group
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99 Group - overview
Established
2016
Location
-, -, France
Primary Industry
Business Support Services
About
99 Group operates as an online marketplace specializing in premium domain name sales, providing a seamless buying experience for clients worldwide. Founded in 2016 in France, 99 Group serves as a dedicated platform for domain name sales. It was acquired by Andera Partners and the company's management in July 2019 from Développement & Partenariat Finance. The firm has successfully completed 2 deals since its inception.
The founding team includes Yan Phun, who has experience in launching various enterprises, while Abhishek Hota serves as the current CEO. 99-Group. com primarily operates as an online marketplace for domain name sales, specializing in premium offerings. The platform provides a streamlined purchasing experience, focusing on secure transactions and customer support.
Clients can buy domain names outright or through flexible payment plans, catering to both individual entrepreneurs and established businesses. The service targets a global audience across North America, Europe, and Asia, addressing common challenges in domain acquisition with features such as WhoIs Privacy Protection and quick domain access. 99-Group. com employs a transactional revenue model, generating income mainly from domain sales.
Customers have the option to purchase domains for fixed prices or through monthly payment plans, such as USD 2,795 for a domain with an option to pay USD 116. 46 monthly over 24 months. This approach attracts various clients, from small business owners to larger enterprises. The company's revenue structure includes a 30-day satisfaction guarantee for domain returns, alongside ancillary services like SSL encryption to enhance customer trust.
Looking ahead, 99 Group aims to introduce new products, including advanced domain management tools, anticipated to launch by the end of 2023. The company plans to expand its market presence in South America and Africa by 2024, leveraging recent funding from the acquisition in July 2019 to support these initiatives. This funding will facilitate the development of new features and enhance marketing efforts to reach a broader audience.
Current Investors
Andera Partners
Primary Industry
Business Support Services
Sub Industries
Consulting Services
Website
www.99-group.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
99 Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | 99 Group | - | ||||||||
| Buyout | Completed | 99 Group | - |
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